Home
 
Choose Your City
Change City

Lehman got unfair deal, says ex-CEO

<strong>NEW YORK. </strong>Richard Fuld, former chief executive officer of Lehman Brothers Holdings, said regulators relied on “flawed information” in denying his company aid that was extended to competitors.

NEW YORK. Richard Fuld, former chief executive officer of Lehman Brothers Holdings, said regulators relied on “flawed information” in denying his company aid that was extended to competitors.


Lehman, the biggest underwriter of mortgage-backed securities in the U.S. real estate market, filed the largest bankruptcy in the country’s history in September 2008, with $639 billion in assets, roiling markets and exacerbating the credit crisis.

 
 
You Might Also Like